More independent trustees needed; Interserve shuts pension scheme to more staff; Shares rally reduces deficits in final salary pension schemes; BT pension managers target distressed debt
More independent trustees needed Financial Times Letter: Letter regarding the article "FTSE 100 pension schemes fall to record deficit" which appeared in the FT on August 5. The article called for companies...
The Pensions Regulator (TPR) has granted 11 master trusts extensions to apply for authorisation, as it confirms it has received 22 applications ahead of the 31 March deadline.
Aegon Master Trust, Fidelity Master Trust and Ensign have sent off their authorisation applications to The Pensions Regulator (TPR).
Self-administered pension funds spent £15bn on payments to pensioners in Q4 2018, but received just £12bn in contributions (net of refunds), Office for National Statistics (ONS) data reveals.
Aberdeen Standard Investments (ASI) and Gresham House are to team up to form a joint venture.